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2024 Compare Cities Economy:
Lovington, IL vs Hobbs, NM

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Highlights
- Household income in Hobbs, is 11% more than it is in Lovington and is 17% below the National Average.
- Lovington unemployment rate is 3.9%.
- Hobbs unemployment rate is 12.1%.

Economy
 Lovington, ILHobbs, NMUnited States
 Unemployment Rate3.9%12.1%6.0%
 Recent Job Growth1.8%7.8%1.6%
 Future Job Growth26.6%24.7%33.5%
 Sales Taxes6.8%6.8%6.2%
 Income Taxes5.0%4.9%4.6%
 Income per Cap.$26,426$28,293$37,638
 Household Income$53,603$59,232$69,021
 Family Median Income$62,000$70,018$85,028
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 Est. Households By Income
 Lovington, ILHobbs, NMUnited States
 Income Less Than 15K9.9%13.5%9.4%
 Income between 15K and 20K2.0%3.5%3.8%
 Income between 20K and 30K10.5%8.1%8.1%
 Income between 30K and 40K14.1%11.4%8.0%
 Income between 40K and 50K10.3%5.3%7.6%
 Income between 50K and 60K10.3%9.3%7.2%
 Income between 60K and 75K9.2%10.5%9.6%
 Income between 75K and 100K13.6%10.9%12.8%
 Income between 100K and 150K18.0%15.8%16.3%
 Income between 150K and 200K2.2%6.5%7.8%
 Income greater than 200K0.0%5.2%9.5%
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 Population By Occupation
 Lovington, ILHobbs, NMUnited States
 Management, business, finance13.1%10.9%16.4%
 Engineering, computers, science4.0%3.2%6.5%
 Community, social services0.7%2.6%1.8%
 Legal0.0%2.4%1.2%
 Education, library2.3%5.7%6.2%
 Arts, design, media, sports, entertainment0.9%1.0%2.0%
 Healthcare practitioners and technology5.4%2.8%6.2%
 Healthcare support4.5%3.3%3.3%
 Firefighters, law enforcement0.0%2.0%2.1%
 Food preparation, serving4.1%3.9%5.4%
 Building maintenance1.1%3.5%3.6%
 Personal care0.5%2.1%2.6%
 Sales, office, administrative support17.6%21.0%20.9%
 Farming, fishing, forestry2.3%0.8%0.6%
 Construction, extraction, maintenance/repair10.8%16.7%8.1%
 Production, transportation, material moving32.6%17.9%13.1%

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Reviews for Lovington    0 Reviews

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Reviews for Hobbs    3 Reviews

Over 9 years ago

Hobbs, New Mexico is a growing city on the eastern edge of the New Mexico- texas border. The people are friendly and hard working. The school system is in the top tier  More

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Over 14 years ago

Hobbs is the worst place in the U.S. to live. People that live here are snobs and they aren't helpful at all. Forget about getting a job here. If they don't like you,  More

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Over 16 years ago

Pros: 1. Extremely low cost of living and housing for region 2. Affordable place to live 3. Nice physical setting and climate Cons: 1. Very high crime rate 2.  More

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ZIPS IN LOVINGTON, ILLINOIS
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ZIPS IN HOBBS, NEW MEXICO
88240

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